PPP Loan information for Kar-tech inc

$448,700

Kar-tech inc was initially approved for PPP Loan of amount $448,700, the current approved amount is $448,700. The loan was approved on 04/09/2020 by The Bank Five Nine reported 59 jobs and $448,700 was used to fund payroll.

Kar-tech inc is Existing or more than 2 years old

KAR-TECH INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

KAR-TECH INC

Borrower Address

111 Enterprise Dr

Borrower City

DELAFIELD

Borrower State

WI

Borrower Zip

53018-1705

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448700.00

Current Approval Amount

448700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76631

Servicing Lender Name

Bank Five Nine

Servicing Lender Address

155 W Wisconsin Ave

Servicing Lender City

OCONOMOWOC

Servicing Lender State

WI

Servicing Lender Zip

53066-5204

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELAFIELD

Project County Name

WAUKESHA

Project State

WI

Project Zip

53018-1705

CD

WI-05

Jobs Reported

59

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

448700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

76631

Originating Lender

Bank Five Nine

Originating Lender City

OCONOMOWOC

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

454367.14

Forgiveness Date

07/29/2021

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